About This Property
764 Rossland Avenue presents a rare opportunity to own a true Trail landmark. Known locally as The Rex Hotel, this high visibility property sits along one of the city’s busiest corridors, connecting downtown Trail with Warfield and Rossland, delivering steady vehicle and pedestrian exposure. The main floor operates as a well known sports bar, complete with pool tables, darts, foosball, shuffleboard, multiple TVs, and a fully equipped commercial kitchen. The existing liquor licence permitting service from 9 AM to 3 AM creates significant revenue potential for an owner operator or investor looking to maximize income. Upstairs, the hotel component includes 12 rental rooms plus 1 self contained suite, supported by 3 shared bathrooms. With several units currently occupied, there is immediate cash flow in place along with opportunity to increase revenues through improved occupancy, updated finishes, or repositioning of the space. Originally constructed in 1930, this cornerstone commercial building offers character, history, and strong street presence in the heart of Trail. Whether you are looking to operate a hospitality business, expand your portfolio, or secure a strategic long term holding property in the West Kootenays, 764 Rossland Avenue is an opportunity worth exploring. (id:64973)
Property Details
Location
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.